Warner L. Thomas Of Sutter Health Acquires Office Campus In Pleasanton For $45M

An office and research campus located at 4125, 4155, 4255 & 4385 Hopyard Road in Pleasanton has been sold for $45 million. The campus encompasses 300,000 square feet, translating to a price per square foot of $150. This transaction marks a significant acquisition within the market.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $45,000,000
• Buyer: Warner L. Thomas - Sutter Health
• Square Footage: 300,000
• Price per Square Foot: $150
• Date of Transaction: 01/08/2026
• Market: Pleasanton

Warner L. Thomas represents Sutter Health in this transaction, which marks their second major property acquisition in the East Bay within a year, following a previous purchase of a campus in Emeryville for $450 million. The deal highlights the current market conditions, which include steep discounts.